Since this year, the property market regulation policies have been intensively introduced. According to the statistics of Zhongyuan Real Estate Research Center, since 2021, the national real estate market has been regulated for more than 320 times, including 46 regulatory policies of central departments, and only about 30 times in the same period in 2020.
Zhang Dawei, chief analyst of Centaline real estate, said in an interview with the Securities Daily that recently, various central departments have intensively released policies again, especially the Ministry of housing and urban rural development and the central bank have continued to increase the real estate regulation, and the regulation mode, intensity and detail have been significantly upgraded.
In terms of content, the “toolbox” of regulation and control has been continuously enriched, focusing on the prominent problems strongly reflected by the people and high social concern in the fields of real estate development, housing sales, housing leasing and property services, including the quality of real estate development, false advertising of second-hand houses, misappropriation of credit and other problems existing in the past years.
With the voice of various ministries and commissions, many places have successively issued new policies for property market regulation. For example, on July 23, Shanghai issued the notice on strengthening the management of housing gifts, Hangzhou issued the notice on carrying out special inspection on the use of real estate place names, and Shaoxing issued the notice on strengthening the supervision of the second-hand housing market; On July 26, Wuxi issued the notice on establishing the release mechanism of second-hand housing transaction reference price
Zhang Dawei said that from the perspective of market trends, the notice on continuous improvement and standardization of the order of the real estate market issued by eight departments such as the Ministry of housing and urban rural development on July 23 focuses on the main problems existing in the current real estate market. From the perspective of policy implementation, it will have a significant impact on the standardized development of the real estate market in the future.
58 Zhang Bo, President of anjuke Real Estate Research Institute, told the Securities Daily that the real estate market regulation in July was multidimensional. Eight departments jointly carry out medium and long-term market order rectification on the real estate market, which indicates that the regulation of the real estate market will be strict for a long time. Local regulation has been tightened. For example, Shanghai has strictly blocked gift loopholes, and Xi’an has issued second-hand housing guidance prices. At the same time, policies to strengthen the field of housing security have been issued. In July, the State Council issued the opinions on accelerating the development of affordable rental housing, emphasizing the people’s livelihood attribute of housing and clarifying its basic system and support policies.
“In the first half of 2021, 13 cities including Guangzhou, Hefei, Ningbo, Dongguan, Nantong, Chengdu, Xi’an, Shenzhen, Shanghai, Beijing, Hangzhou, Wuxi and Nanchang have been interviewed and supervised by the Ministry of housing and urban rural development. These cities are basically in the forefront of national house price increase. It is expected that the trend of strict real estate regulation will remain unchanged in the second half of the year.” Zhang Dawei said.
Zhang Bo believes that there are three leading directions for future property market regulation. One is to stabilize the real estate market, of which stabilizing house prices and land prices are the two key points, which will be implemented by means of centralized land supply, centralized listing and strict control of new house prices; Second, strengthen the housing security market, which will be promoted from the supporting policies of leasing and the housing with common property rights; Third, strictly control real estate finance. The “three red lines” for real estate enterprises and the “two red lines” for housing loans will jointly build a credit firewall for real estate market regulation.
“At present, there is still room for improvement in how to balance land price and house price. From this year, the land premium rate in some hot cities is still improved, which will have a great impact on the regulation of house prices in the future. At the same time, the housing security of new citizens in large and medium-sized cities, especially the security of rental housing, needs to be continuously improved. While ensuring the residential space of new cities, it can make them live at ease and stably. ” Zhang Bo said.
Reprint indicated source：Spark Global Limited information